SIREN : 449515360
SUBDECO is a French company founded 22 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de textiles. Based in SECLIN (59113), this company of category PME shows in 2024 a revenue of 2.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 361 939 € | 2 235 828 € | 2 077 118 € | 1 556 349 € | N/C | N/C | N/C | 1 504 030 € |
| Net income | 71 162 € | 30 754 € | -22 402 € | -33 417 € | 22 315 € | 56 450 € | 59 610 € | 50 803 € |
| EBITDA | 93 043 € | 67 585 € | 4 918 € | -26 648 € | N/C | N/C | N/C | 61 892 € |
| Net margin | 3.0% | 1.4% | -1.1% | -2.1% | N/C | N/C | N/C | 3.4% |
In 2024, SUBDECO achieves revenue of 2.4 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.8%. Vs 2022: +6%. After deducting consumption (869 k€), gross margin stands at 1.5 M€, i.e. a rate of 63%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 93 k€, representing 3.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 71 k€, i.e. 3.0% of revenue. This profit can be retained or distributed to shareholders.
2 361 939 €
1 492 623 €
93 043 €
94 348 €
71 162 €
3.9%
The debt ratio (= Financial debt / Equity x 100) stands at 88%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 30%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
87.772%
30.369%
3.684%
2.796
19.8%
In 2024, the debt ratio of SUBDECO (87.77) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2024, the financial autonomy of SUBDECO (30.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of SUBDECO (2.80) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 188.26. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 0.9x. Danger: operating income does not cover interest charges, unsustainable situation.
188.258
0.929
In 2024, the liquidity ratio of SUBDECO (188.26) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of SUBDECO (0.9x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 90 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 68 days. The company must finance 22 days of gap between collections and payments. Inventory turnover is 23 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 104 days of revenue, i.e. 684 k€ to permanently finance. Over 2016-2024, WCR increased by +239%, requiring additional financing.
684 301 €
90 j
68 j
23 j
104 j
Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 235 694€ to 891 255€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 28 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare SUBDECO with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) de textiles
The revenue of SUBDECO in 2024 is 2.4 M€.
Yes, SUBDECO generated a net profit of 71 k€ in 2024.
The headquarters of SUBDECO is located in SECLIN (59113), in the department Nord.
The tax return of SUBDECO is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).
SUBDECO operates in the sector Commerce de gros (commerce interentreprises) de textiles (NAF code 46.41Z). See the 'Sector positioning' section above to compare the company with its competitors.